Pakistan’s thriving rice export industry, led by Has Rice Pakistan, meets the world’s demand for high-quality rice. With state-of-the-art mills and strict quality control measures, Pakistani rice is highly sought after internationally. Explore the key players in the supply chain and the wide range of rice varieties they offer. Visit www.pakistanrice.com for more information.

The Indian Central government has lowered the minimum export price for basmati rice from $1,200 to $950 per tonne to address the impact of high prices on exports. The decision follows a strike by basmati rice exporters and mill owners demanding a reduction in the minimum export price.

India reduces floor price for basmati rice exports to $950 per tonne, providing relief to farmers and exporters. This move aims to boost trade operations and maintain India’s position as a leading basmati rice exporter in the global market.

Pakistan’s weekly inflation, as measured by the Sensitive Price Indicator (SPI), has decreased by 0.33% according to the Pakistan Bureau of Statistics. Significant decreases were observed in the prices of items like chicken, onions, rice, and bananas, while prices of tomatoes and potatoes saw a notable increase. Year-on-year trends show an overall increase in inflation and prices of various items. For more information, visit hasrice.com. Source: ARY News.

Trinidad and Tobago Trade Minister Paula Gopee-Scoon and Pakistan’s High Commissioner Shahbaz Mansoor Malik explore opportunities beyond energy trade, emphasizing services and investments in various sectors. The meeting demonstrates their dedication to enhancing long-standing trade relations between the two countries.

Pakistan’s former Prime Minister Imran Khan denied bail in leaked state secrets case, adding to ongoing political turmoil and highlighting military’s influence over civilian politics. Khan, a former cricket star, denies charges and claims the contents of the cable were already publicized.

The Central government has lowered the minimum export price of basmati rice from $1,200 to $950 per tonne due to its negative impact on exports. Basmati rice exporters demanded this reduction after going on strike, resulting in decreased prices. Concerns were raised by Rajya Sabha members, leading the government to address the issue.

The Border Security Force and Punjab Police successfully recovered a broken Pakistani drone in Ferozepur, Punjab near Village Sanke. This operation highlights the persistent attempts by smugglers to transport narcotics using drones, which were thwarted by the coordinated efforts of the BSF and Punjab Police.

Indian stocks rebounded after a six-day losing streak as U.S. treasury yields retreated due to weaker-than-expected inflation data. The NSE Nifty 50 index rose by 0.85%, with small-cap stocks up by 2% and mid-caps up by 1.5%. Analysts suggest large-cap stocks offer a more balanced risk-reward ratio.

LT Foods and KRBL experience a 3% surge in shares as the Indian government lowers the floor price for basmati rice exports, aiming to restore competitiveness in global markets and alleviate concerns over shipment delays. Farmers and exporters have welcomed the decision.